NYSE:ERO Ero Copper (ERO) Stock Forecast, Price & News $18.10 +1.08 (+6.35%) (As of 09:50 AM ET) Add Compare Share Share Today's Range$17.27▼$18.1350-Day Range$16.54▼$20.6452-Week Range$8.07▼$20.99Volume16,976 shsAverage Volume106,293 shsMarket Capitalization$1.68 billionP/E Ratio22.63Dividend YieldN/APrice Target$22.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ero Copper MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside29.3% Upside$22.00 Price TargetShort InterestBearish1.27% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.49Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth78.51%From $1.21 to $2.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsBasic Materials Sector207th out of 320 stocksPrivate Households Industry5th out of 10 stocks 3.0 Analyst's Opinion Consensus RatingEro Copper has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.00, Ero Copper has a forecasted upside of 29.3% from its current price of $17.02.Amount of Analyst CoverageEro Copper has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.27% of the float of Ero Copper has been sold short.Short Interest Ratio / Days to CoverEro Copper has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in Ero Copper has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEro Copper does not currently pay a dividend.Dividend GrowthEro Copper does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ERO. Previous Next 2.5 News and Social Media Coverage News SentimentEro Copper has a news sentiment score of 1.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ero Copper this week, compared to 2 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ero Copper insiders have not sold or bought any company stock.Percentage Held by Institutions47.09% of the stock of Ero Copper is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ero Copper are expected to grow by 78.51% in the coming year, from $1.21 to $2.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ero Copper is 21.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Ero Copper is 21.28, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 86.17.Price to Book Value per Share RatioEro Copper has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ero Copper (NYSE:ERO) StockEro Copper Corp. engages in the exploration, development, and mining of mineral properties in Brazil. It also produces and sells copper, gold, silver products. The company was founded on May 16, 2016 and is headquartered in Vancouver, Canada.Read More Receive ERO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ero Copper and its competitors with MarketBeat's FREE daily newsletter. Email Address ERO Stock News HeadlinesMay 24, 2023 | msn.comTSX, TX60, and JX Close Lower; Filo Mining Corp, Ivanhoe Electric Inc, and Ero Copper Corp Worst PerformersMay 19, 2023 | americanbankingnews.comEro Copper (NYSE:ERO) Coverage Initiated by Analysts at Stifel NicolausJune 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 19, 2023 | americanbankingnews.comEro Copper (NYSE:ERO) Receives New Coverage from Analysts at StockNews.comMay 18, 2023 | americanbankingnews.comEro Copper Corp. (NYSE:ERO) Sees Large Decline in Short InterestMay 12, 2023 | finance.yahoo.comEro Copper Files Technical Report for the Xavantina OperationsMay 11, 2023 | seekingalpha.comEro Copper Corp. 2023 Q1 - Results - Earnings Call PresentationMay 9, 2023 | msn.comEro Copper Non-GAAP EPS of $0.24, revenue of $101M misses by $0.16MJune 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 6, 2023 | americanbankingnews.comBrokers Set Expectations for Ero Copper Corp.'s Q1 2023 Earnings (NYSE:ERO)May 6, 2023 | americanbankingnews.comEro Copper (ERO) to Release Quarterly Earnings on MondayMay 1, 2023 | finance.yahoo.comEro Copper (TSE:ERO) Is Looking To Continue Growing Its Returns On CapitalApril 30, 2023 | americanbankingnews.comBrokers Issue Forecasts for Ero Copper Corp.'s Q1 2023 Earnings (NYSE:ERO)April 22, 2023 | americanbankingnews.comEro Copper Corp. Forecasted to Earn FY2024 Earnings of $1.80 Per Share (NYSE:ERO)April 21, 2023 | theglobeandmail.comClosing Bell: Ero Copper Corp down on Friday (ERO)April 20, 2023 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Ero Copper Corp. (ERO) StockApril 19, 2023 | americanbankingnews.comResearch Analysts Set Expectations for Ero Copper Corp.'s Q1 2023 Earnings (NYSE:ERO)April 18, 2023 | markets.businessinsider.comWheaton Precious Metals (WPM): New Buy Recommendation for This Basic Materials GiantApril 13, 2023 | americanbankingnews.comEro Copper Corp. (NYSE:ERO) Expected to Post Q1 2023 Earnings of $0.13 Per ShareApril 11, 2023 | finance.yahoo.comEro Copper to Release First Quarter 2023 Financial and Operating Results on May 8, 2023April 8, 2023 | americanbankingnews.comEro Copper (NYSE:ERO) Trading Up 3.8%April 6, 2023 | markets.businessinsider.comBarclays Releases a Hold Rating on Ero Copper (ERO)April 6, 2023 | finanznachrichten.deEro Copper Corp.: Ero Copper Demonstrates Significant Near-Term Growth in Updated 5-Year OutlookApril 5, 2023 | finance.yahoo.comEro Copper Demonstrates Significant Near-Term Growth in Updated 5-Year OutlookApril 4, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Ero Copper Corp. (NYSE:ERO) Issued By CormarkApril 1, 2023 | benzinga.comRaymond James Maintains Outperform on Ero Copper, Raises Price Target to C$25March 31, 2023 | americanbankingnews.comEro Copper Corp. (NYSE:ERO) Expected to Post Q3 2023 Earnings of $0.37 Per ShareSee More Headlines ERO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ERO Company Calendar Last Earnings3/07/2023Today6/02/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Private households Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:ERO CUSIPN/A CIK1853860 Webwww.erocopper.com Phone(604) 449-9244Fax604-398-3767Employees2,864Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.00 High Stock Price Forecast$22.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+29.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.80 Trailing P/E Ratio21.28 Forward P/E Ratio14.07 P/E GrowthN/ANet Income$101.83 million Net Margins17.65% Pretax Margin29.64% Return on Equity14.30% Return on Assets6.41% Debt Debt-to-Equity Ratio0.75 Current Ratio3.04 Quick Ratio2.80 Sales & Book Value Annual Sales$418.44 million Price / Sales3.76 Cash Flow$1.30 per share Price / Cash Flow13.09 Book Value$5.88 per share Price / Book2.89Miscellaneous Outstanding Shares92,549,000Free FloatN/AMarket Cap$1.58 billion OptionableNot Optionable Beta0.99 Key ExecutivesDavid StrangChief Executive Officer & Non-Independent DirectorMakko DeFilippoPresidentAnthea BathChief Operating OfficerWayne DrierChief Financial OfficerDeepk HundalSecretary, Senior Vice President & General CounselKey CompetitorsNovaGold ResourcesNYSE:NGSylvamoNYSE:SLVMTronoxNYSE:TROXGreen PlainsNASDAQ:GPREFirst Majestic SilverNYSE:AGView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Sold 8,662 shares on 6/1/2023Ownership: 0.021%JPMorgan Chase & Co.Sold 68,531 shares on 5/18/2023Ownership: 0.215%Impala Asset Management LLCBought 207,220 shares on 5/17/2023Ownership: 1.227%Jane Street Group LLCBought 55,250 shares on 5/16/2023Ownership: 0.060%HBK Sorce Advisory LLCSold 65,508 shares on 5/16/2023Ownership: 0.026%View All Institutional Transactions ERO Stock - Frequently Asked Questions Should I buy or sell Ero Copper stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ERO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERO, but not buy additional shares or sell existing shares. View ERO analyst ratings or view top-rated stocks. What is Ero Copper's stock price forecast for 2023? 2 Wall Street research analysts have issued 12 month target prices for Ero Copper's shares. Their ERO share price forecasts range from $22.00 to $22.00. On average, they expect the company's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price. View analysts price targets for ERO or view top-rated stocks among Wall Street analysts. How have ERO shares performed in 2023? Ero Copper's stock was trading at $13.75 at the beginning of 2023. Since then, ERO stock has increased by 23.8% and is now trading at $17.02. View the best growth stocks for 2023 here. Are investors shorting Ero Copper? Ero Copper saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,010,000 shares, an increase of 10.5% from the April 30th total of 914,000 shares. Based on an average daily volume of 120,300 shares, the days-to-cover ratio is presently 8.4 days. Approximately 1.3% of the shares of the stock are sold short. View Ero Copper's Short Interest. When is Ero Copper's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our ERO earnings forecast. How were Ero Copper's earnings last quarter? Ero Copper Corp. (NYSE:ERO) announced its quarterly earnings results on Tuesday, March, 7th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.29 by $0.05. The company earned $116.70 million during the quarter, compared to analysts' expectations of $103 million. Ero Copper had a net margin of 17.65% and a trailing twelve-month return on equity of 14.30%. What is Ero Copper's stock symbol? Ero Copper trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERO." Who are Ero Copper's major shareholders? Ero Copper's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GMT Capital Corp (7.21%), FIL Ltd (4.88%), Jennison Associates LLC (3.50%), American Century Companies Inc. (2.80%), Ninety One UK Ltd (2.31%) and Mirae Asset Global Investments Co. Ltd. (2.10%). How do I buy shares of Ero Copper? Shares of ERO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ero Copper's stock price today? One share of ERO stock can currently be purchased for approximately $17.02. How much money does Ero Copper make? Ero Copper (NYSE:ERO) has a market capitalization of $1.58 billion and generates $418.44 million in revenue each year. The company earns $101.83 million in net income (profit) each year or $0.80 on an earnings per share basis. How many employees does Ero Copper have? The company employs 2,864 workers across the globe. How can I contact Ero Copper? Ero Copper's mailing address is 625 Howe Street Suite 1050, Vancouver A1, V6C 2T6. The official website for the company is www.erocopper.com. The company can be reached via phone at (604) 449-9244, via email at info@erocopper.com, or via fax at 604-398-3767. This page (NYSE:ERO) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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